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216 Washington St 316 S Washington St 2,072 SF Office Building Bainbridge, GA 39819 $169,000 ($81.56/SF)
Investment Highlights
- Charming 1925 office building zoned 3-C Commercial just blocks from downtown square and courthouse.
- Central electric HVAC (zoned), ceiling fans, and historic details including old coal fireplaces. Includes 9' x 20' storage building and 7-pk spaces.
- Features 4 offices, large reception/meeting room, 2 half baths, filing room, and 9-10 ft ceilings and heart pine floors.
Executive Summary
This has been previously leased by Southern Forestry Consultants for office space from 2002 - 8/2025 for $1200/mo.
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$18,648
|
$9.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$18,648
|
$9.00
|
| Taxes |
$1,837
|
$0.89
|
| Operating Expenses |
$1,500
|
$0.72
|
| Total Expenses |
$3,337
|
$1.61
|
| Net Operating Income |
$15,311
|
$7.39
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $18,648 |
| Annual Per SF | $9.00 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $18,648 |
| Annual Per SF | $9.00 |
| Taxes | |
|---|---|
| Annual | $1,837 |
| Annual Per SF | $0.89 |
| Operating Expenses | |
|---|---|
| Annual | $1,500 |
| Annual Per SF | $0.72 |
| Total Expenses | |
|---|---|
| Annual | $3,337 |
| Annual Per SF | $1.61 |
| Net Operating Income | |
|---|---|
| Annual | $15,311 |
| Annual Per SF | $7.39 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,072 SF
Building Class
B
Year Built
2025
Price
$169,000
Price Per SF
$81.56
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,072 SF
Building FAR
0.26
Lot Size
0.18 AC
Zoning
C-3 Commercial - C-3 Commercial
Parking
5 Spaces (2.41 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | B0270-050-000 | Total Assessment | $48,987 (2024) |
| Land Assessment | $2,483 (2024) | Annual Taxes | $1,837 ($0.89/SF) |
| Improvements Assessment | $46,504 (2024) | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
B0270-050-000
Land Assessment
$2,483 (2024)
Improvements Assessment
$46,504 (2024)
Total Assessment
$48,987 (2024)
Annual Taxes
$1,837 ($0.89/SF)
Tax Year
2025 Payable 2025
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216 Washington St | 316 S Washington St
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